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    Austin, MN
    Multifamily

    Austin, MN Multifamily Properties for Sale

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    Brownsdale, MN Oakland, MN Rose Creek, MN
    Fully Leased Triplex with Renovated Unit
    Updated: Mar 23
    Fully Leased Triplex with Renovated Unit

    1110 W Oakland Avenue, Austin, MN 55912

    $295,000
    2,208 sqft · 0.14 AC lot
    Fully leased income triplex on Oakland Ave with 3 units (1 bed/1 bath and two 2 bed/1 bath units).
    Current rents total $3,750/month, providing an income‑producing multi‑family setup.
    One renovated 1 bed/1 bath unit (previously an office), plus two spacious 2 bed/1 bath units.
    Newer roof installed within the last 2 years, supporting lower maintenance needs.
    Detached garage with driveway parking available for tenants.
    View details
    Side-by-Side Duplex with Garages
    Updated: Jan 16
    Side-by-Side Duplex with Garages

    907 8th Street SE, Austin, MN 55912

    $219,900
    1,522 sqft · 0.14 AC lot
    Side‑by‑side duplex built in 1940 with block, concrete, and frame construction and vinyl exterior.
    Each unit offers 2 bedrooms and 1 bathroom with separate, concrete wall separation between units.
    Separate metering: gas and electric are metered separately so tenants pay.
    Detached garages and driveway parking for each unit.
    Front and rear decks plus separate washer and dryer for each unit.
    View details
    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 2 Active listings in Austin, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Side-by-Side Duplex with Attached Garages
    Side-by-Side Duplex with Attached Garages

    1012-1018 Wealthy Street, Albert Lea, MN 56007

    $249,900
    2,080 sqft · 2.00 AC lot

    Two mirrored units offer flexible living options with in-unit laundry hookups and separate utilities.

    View details
    Cash-Flowing Multifamily Building
    Cash-Flowing Multifamily Building

    331 E Vine Street, Owatonna, MN 55060

    $275,000
    3,096 sqft · 0.29 AC lot

    Well-located multifamily building available as part of a buy-in portfolio, either individually or packaged.

    View details
    Duplex Income Property
    Duplex Income Property

    922 Jefferson Avenue, Albert Lea, MN 56007

    $164,999
    1,637 sqft · 0.14 AC lot

    Duplex with two bedrooms per unit and existing monthly tenants, offering an owner-occupant or investor income setup.

    View details
    Mixed-Use Building in Historic District
    Mixed-Use Building in Historic District

    315 N Cedar Avenue, Owatonna, MN 55060

    $388,900
    6,200 sqft · 0.12 AC lot

    Well-maintained mixed-use building with retail and residential spaces.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Lakeshore Recreation Land Parcel
    Lakeshore Recreation Land Parcel

    Tripp, Fulda, MN 56131

    $124,900
    9.30 AC lot

    Recreation residential shoreland acreage with gravel access and measured lakeshore for RV or seasonal campground plans.

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    Buildable Residential Lot with Pines
    Buildable Residential Lot with Pines

    Bollig Court lot: 2, Nekoosa, WI 54457

    $35,000
    2.45 AC lot

    A wooded 2.45-acre lot with electric and fiber available at the lot line, suited for a home or cabin.

    View details
    Development Land Off Freeway
    Development Land Off Freeway

    101 Morris Avenue, Hinckley, MN 55037

    $799,000
    9.20 AC lot

    Multi-purpose acreage near the freeway offers flexibility for a range of development concepts.

    View details
    Aitkin Lots & Land
    Aitkin Lots & Land

    L 3&4 B3 London Town, Aitkin, MN 56431

    Contact for pricing
    0.14 AC lot

    Double lot in Sherwood Forest with shared amenities.

    View details

    Off-Market Properties in Austin, MN

    Consider similar Off-Market properties in Austin, MN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    605 Main St
    Residential income properties

    605 Main St, Austin, MN 55912

    Value Estimation by Request
    5,360 sqft · 0.12 AC lot
    View details

    Austin, MN Multifamily Properties Market Trends and Statistics

    Explore 3 multifamily properties for sale in Austin, MN on our real estate platform. These investment opportunities span a total of 3,730 square feet of properties for sale, with an estimated market value of $514,900.

    Sale prices for multifamily properties in Austin, MN start at $219,900, averaging $257,450, and reaching up to $295,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 1
    Triplexes 1

    Demographics Overview

    Population 29K
    Population Growth (5Y) +2.2%
    Median Household Income $68,205
    College Educated 32.8%

    High-Yield Neighborhoods for Investment

    Identify Austin submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    55912 $257.5K

    Taxes & Financing

    Tax Rate (average for all types) 2.17%
    Property Tax per SF $28.68 per SF
    Tax Rate vs County Average 0.01 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Mower County

    New Delisted

    Property Size Breakdown

    The majority of commercial real estate listings in Austin fall within the 50,000 to 100,000 square foot range.

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